Registration period:7 February 2025 00:00:00 WIB to 1 May 2025 23:59:00 WIB

Competition period: 13 February 2025 00:00:00 WIB to 31 May 2025 23:59:00 WIB

Winner announcements: 6 June 2025

Reward disbursement: 6 July 2025

Users can register to participate in the competition through the Ultimate Trading Championship page.

Once registered, users will be assigned into 1 of 3 categories based on the user's total Asset Under Management (AUM) at the point of registration. The categories are:

Category	Total AUM*
Legend	> Rp100 million
Elite	Rp10 million – Rp100 million
Challenger	< Rp10 million

*AUM here is defined as the user’s Portfolio Value as seen in the app.

Prizes are available to the winners of all categories (Legend, Elite, Challenger) of each leaderboard:
• IDR P&L
• % P&L
Bonus! Pluang will also offer weekly prizes for the top 5 users who generate the highest weekly trading volume!

The leaderboards will show:
• The leaderboards will show: Masked email (example: k*****i@gmail.com)
Where only the first and last letter of the email and the email domain will be shown
• P&L in IDR
• P&L in percentage (%)

Users who are in prize-winning ranks on the leaderboard will have their profits multiplied by Pluang! Prize calculations will follow this formula:
Prize = Participant’s Profit x Multiplier
Note:
• Participant’s Profit: The total profit in IDR that they achieve from eligible transactions during the competition
• Multiplier: A factor that will be used to multiply a winner’s profit based on the table below
Prize-winning ranks and the multipliers that will be applied are shown below:

Rank	IDR P&L Leaderboard			%P&L Leaderboard
	Legend	Elite	Challenger	Legend	Elite	Challenger
1	5x	2x	1x	5x	2x	1x
2	4x	2x	1x	4x	2x	1x
3	3x	2x	1x	3x	2x	1x
4	2x	2x	1x	2x	2x	1x
5	2x	2x	1x	2x	2x	1x
6 - 10	2x	2x	1x	2x	2x	1x
11 - 20	2x	2x	-	2x	2x	-
21 - 50	-	-	-	-	-	-
51 - 100	-	-	-	-	-	-

Pluang will multiply a winner’s profits up to the amounts presented in this table:

Rank	IDR P&L Leaderboard			%P&L Leaderboard
	Legend	Elite	Challenger	Legend	Elite	Challenger
1	Rp88,000,000	Rp20,000,000	Rp5,000,000	Rp30,000,000	Rp10,000,000	Rp5,000,000
2	Rp26,000,000	Rp6,000,000	Rp2,000,000	Rp10,000,000	Rp3,000,000	Rp2,000,000
3	Rp13,000,000	Rp3,000,000	Rp1,000,000	Rp5,000,000	Rp1,500,000	Rp1,000,000
4	Rp5,000,000	Rp1,500,000	Rp500,000	Rp2,000,000	Rp600,000	Rp500,000
5	Rp2,000,000	Rp600,000	Rp250,000	Rp1,000,000	Rp300,000	Rp250,000
6 - 10	Rp500,000	Rp180,000		Rp250,000	Rp120,000
11 - 20	Rp250,000			Rp125,000
21 - 50
51 - 100	Certificate Only			Certificate Only

In order for participants to be eligible for a prize, participants must:
• Stay in a prize-winning rank by the end of the competition, which is 31 May 2024 at 23:59:00 WIB.
• Achieve a minimum of 30 active trading days.
“Activity” can be defined as either creating a buy/sell transaction or holding an existing position.
• Achieve the minimum trading volume (generated from buy and sell transactions) required for their category by the end of the competition
More Info

If a user finishes the competition in a prizing-winning rank in both the %P&L and IDR P&L leaderboards, they will only receive the higher prize only.
View sample calculations here

Prizes will be disbursed to users in USDT to their Pluang accounts.The IDR-USDT price used will follow the current market price at time of disbursement

Prizes will be disbursed to users by 6 July 2025.

Users will be allowed to upgrade categories if they increase their AUM to the required amount by topping up their IDR or USD Cash, or receiving Crypto.

Users who have upgraded categories will not be able to downgrade.

The asset and transactions that will be included in %P&L and IDR P&L calculations of the competition can be found here.

The IDR P&L will be calculated with this formula:
IDR P&L =
Realized Profit & Losses + Unrealized Profit & Losses

The %P&L will be calculated with this formula:
% P&L =Total of (individual P&L) / total average (wallet balance + position cost)
Sample %P&L and IDR P&L calculations can be found below:
Scenario 1:
• User has no cash balance or opened positions prior to competition
• User makes Buy and Partial Sell transactions during the competition
• User makes profit during competition
Assumption:
• Competition starts: 1 Jan 2025 00:00:00 WIB
• Competition End: 1 Feb 2025 00:00:00 WIB

Cash Balance Prior to the Competition
IDR Balance	Rp0
USD Balance	$0
USD Margin Balance	$0
Crypto USDT Margin Balance	$0
Total Cash Balance	Rp0

Transaction Report
Transaction Type	Product Name	Currency	Order Price	Qty	Cash Balance	USD-IDR Conversion Rate	Order Time	Time Difference (mins)
TOP UP	IDR Balance	IDR			1,000,000	-	01 Jan 2025, 9:00
BUY	XRP	IDR	50,000	10	500,000	-	01 Jan 2025, 11:00	120
SELL	XRP	IDR	55,000	5	775,000	-	02 Jan 2025, 15:30	1,710
SELL	XRP	IDR	52,000	3	931,000	-	04 Jan 2025, 12:00	2,670
39,600

Calculations after Transactions	Formula	Breakdown
Balance XRP Quantity	= Total of Qty Bought - Total of Qty Sold	= 10 - (5+3)
Current XRP Price	53,000	-
Realized P&L, IDR	= Total of [Quantity Bought x (Sell Price - Buy Price)]	= 5 x (55,000 - 50,000) + 3 x (52,000 - 50,000)
Unrealized P&L, IDR	= Balance Qty x (Current Price - Buy Price)	= 2 x (53,000 - 50,000)
Total Invested	= Total of [(Wallet Balance x Holding Time) + (Position Cost x Holding Time)] / (Total Holding Time)	Total of (Wallet Balance x Holding Time) = [(1,000,000 x 120)+(500,000 x1,710)+(775,000 x 2,670)+(931,000 x 39,600)] = 39,911,850,000 Total of (Position Cost x Holding Time) = (50,000 x 10 x 1,710)+(50,000 x 5 x 2,670)+(50,000 x 2 x 39,600)] = 5,482,500,000 Total Holding Time = (120+1,710+2,670+39,600) = 44,100 Total Invested = (39,911,850,000 + 5,482,500,000) / 44,100 = 1,029,350
Total P&L IDR	= (Realized IDR P&L + Unrealized IDR P&L)	= 31,000 + 6,000
Total P&L %	= (Realized IDR P&L + Unrealized IDR P&L) / Total Invested	= 37,000 / 1,029,350

[1] This excludes time periods where user doesn't have an open position or wallet balance

Scenario 2:
• User has some cash balance and opened positions prior to competition
• User closes existing position during completion
• User makes Buy and Partial Sell transactions during the competition
• User makes profit during competition
Assumption:
• Competition starts: 1 Jan 2025
• Competition End: 1 Feb 2025

Cash Balance Prior to the Competition
IDR Balance	Rp750,000
USD Balance	$0
USD Margin Balance	$0
Crypto USDT Margin Balance	$0
Total Cash Balance	Rp750,000

Opened Positions Prior to the Competition
Initial Price	Rp52,000
Unrealized P&L, IDR	Rp20,000
Realized P&L, IDR	Rp0

Transaction Report
Transaction Type	Product Name	Currency	Order Price	Qty	Cash Balance	USD-IDR Conversion Rate	Order Time	Time Difference (mins)
BUY[1]	XRP	IDR	52,000	10	750,000	-	01 Jan 2025, 0:00
SELL	XRP	IDR	55,000	10	1,300,000	-	01 Jan 2025, 9:00	540
BUY	XRP	IDR	50,000	10	800,000	-	01 Jan 2025, 11:00	120
SELL	XRP	IDR	55,000	5	1,075,000	-	02 Jan 2025, 15:30	1,710
SELL	XRP	IDR	52,000	3	1,231,000	-	04 Jan 2025, 12:00	2,670
39,600

[1] This transaction signifies the snapshot of existing positions taken at the start of the competition.

Calculations after Transactions	Formula	Breakdown
Balance XRP Quantity	= Total of Qty Bought - Total of Qty Sold	= (10 + 10) - (10 + 5 + 3)
Current XRP Price	53,000	-
Realized P&L, IDR	= Total of [Quantity Bought x (Sell Price - Buy Price)]	= 10 x (55,000 - 52,000) + 5 x (55,000 - 50,000) + 3 x (52,000 - 50,000)
Unrealized P&L, IDR	= Balance Qty x (Current Price - Buy Price)	= 2 x (53,000 - 50,000)
Total Invested	= Total of [(Cash Balance x Holding Time) + (Position Cost x Holding Time)] / (Total Holding Time)	Total of (Cash Balance x Holding Time) = (750,000 x 540)+(1,300,000 x 120)+(800,000 x 1,710)+(1,075,000 x 2,670)+(1,231,000 x 39,600) = 53,546,850,000 Total of (Position Cost x Holding Time) = (52,000 x 10 x 540)+(50,000 x 10 x 1,710)+(5,0000 x 5 x 2670)+(50,000 x 2 x 39,600) = 5,763,300,000 Total Holding Time = (660+39,600+2,670+1,710) = 44,640 Total Invested = (53,546,850,000 + 5,763,300,000) / 44,640 = 1,328,632
Total P&L IDR	= (Realized IDR P&L + Unrealized IDR P&L)	= 61,000 + 6,000
Total P&L %	= (Realized IDR P&L + Unrealized IDR P&L) / Total Invested	= 67,000 / 1,328,632

[1] this excludes time periods where user doesn't have an open position or wallet balance

Transactions fees and taxes for Crypto, Crypto Futures, US Stocks, and Options transactions will still apply. See more.

Weekly prizes are also available for the top 5 users across all 3 categories who generate the highest weekly trading volume. The weekly prizes can be found below:

Rank	Weekly Reward
1	Rp2,000,000
2	Rp600,000
3	Rp350,000
4	Rp200,000
5	Rp150,000

Additional terms and conditions can be found here.

For further information and inquiries regarding the Program on the Pluang app, Users can contact Pluang Care’s 24-hour service via email at tanya@pluang.com, through the interactive live-chat menu in the app, or via the Pluang call center at (021) 8063 0065, available Monday to Friday, from 09:00 to 18:00 WIB.